Labor & Employment

By David L. Barron

Houston -- Los Angeles-based Marcus & Millichap Real Estate Investment Services said that it has hired Derek Hargrove as a senior associate in the Houston office.

In his new position, Hargrove focuses on the sale of multi-tenant shopping centers throughout southwest Texas. He also holds the title of associate director of Marcus & Millichap’s National Retail Group.
 

Greatwide Logistics named a new CEO, and YRC Worldwide named a new SVP on Monday.

Greatwide said John Tague would serve as CEO, replacing Leo Suggs who is retiring, but will continue to serve as chairman. Tague previously served as president of United Airlines and also held the position of COO and chief revenue office during his eight years with the airline.

Delinquency rates in Target’s credit card portfolio are now at their lowest level in three years as more people are paying their bills on time. It is an encouraging sign for the long-term health of the nation’s economy to know that people are increasingly using credit in a responsible manner, at least those who have a Target card anyway, and therefore more likely to honor their obligations.

Seattle -- Starbucks said Monday that it is dividing responsibilities for its business into three global regions (instead of the current two, U.S. and international) in order to accelerate global growth.

The company has appointed three of its executives to lead the three regions: Asia; the Americas: and the combination of Europe, the Middle East and Africa.

Cliff Burrows will expand his current role as president, Starbucks U.S. to president, Americas, with responsibility for the United States, Canada, Mexico and Latin America.

JACKSON, Miss. — Cal-Maine Foods announced that the company has named Todd Walters VP operations, effective July 11. Walters will have responsibility for all of Cal-Maine Foods’ production and processing facilities located in Texas.

WASHINGTON — The National Retail Federation said it supports a transportation reauthorization proposal released today by House Transportation and Infrastructure Committee Chairman John Mica, R-Fla., but expressed concern over the measure’s funding levels.

BOCA RATON, Fla. — Office Depot announced that it is partnering with Superior Financial Group (SFG), a leading small usiness administration (SBA) lender, to provide qualified small business customers with access to capital in the form of SBA Loans between $5,000 to $25,000. Customers can apply for a loan by visiting www.officedepot.com/sba.